Heritage Wealth Management Inc. Has $830,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Heritage Wealth Management Inc. lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,796 shares of the communications equipment provider’s stock after selling 65 shares during the period. Heritage Wealth Management Inc.’s holdings in Motorola Solutions were worth $830,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MSI. Financial Advocates Investment Management boosted its position in shares of Motorola Solutions by 8.7% in the third quarter. Financial Advocates Investment Management now owns 1,226 shares of the communications equipment provider’s stock worth $551,000 after buying an additional 98 shares during the period. Gladstone Institutional Advisory LLC purchased a new stake in shares of Motorola Solutions during the third quarter worth $243,000. Cambiar Investors LLC purchased a new stake in shares of Motorola Solutions during the third quarter worth $225,000. Farther Finance Advisors LLC raised its holdings in shares of Motorola Solutions by 19.4% during the third quarter. Farther Finance Advisors LLC now owns 925 shares of the communications equipment provider’s stock worth $416,000 after acquiring an additional 150 shares in the last quarter. Finally, Tower Wealth Partners Inc. purchased a new stake in shares of Motorola Solutions during the third quarter worth $227,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE MSI opened at $441.37 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $328.13 and a fifty-two week high of $507.82. The stock’s 50-day moving average is $459.38 and its two-hundred day moving average is $460.65. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The firm has a market cap of $73.68 billion, a P/E ratio of 47.87, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.99%. Motorola Solutions’s payout ratio is presently 47.29%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Raymond James increased their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Morgan Stanley increased their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, Barclays cut their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.